Suite number:
1A
Project:
Address:
Markham, Ontario
Developer:
Times Group Corporation
Property type:
condo
Bathrooms:
1
Bedrooms:
1
Size:
530 sqft
Occupancy Date:
Jun 2028
Price, CAD
$629,000
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
25.29%
Cumulative Return on Investment in Year 5
121.65%
Property Price at the End of Year 5
$810,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$31,450
2.5% in 180 days
$15,725
2.5% in 365 days
$15,725
2.5% in 545 days
$15,725
2.5% in 730 days
$15,725
Net Gain (Loss)
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Property Price Appreciation
Investment Details (10-Year Period)
Income/Return
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| property price appreciation | $33,000 | $34,000 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $47,000 | $49,000 | $52,000 | $415,000 |
| rent income | - | - | - | $5,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $90,000 |
| mortgage principal reduction | - | - | - | $3,000 | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $59,000 |
| deposit interest | $2,000 | $5,000 | $6,000 | $3,000 | - | - | - | - | - | - | $16,000 |
| gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
| total income return | $35,000 | $39,000 | $42,000 | $73,000 | $61,000 | $64,000 | $67,000 | $70,000 | $74,000 | $78,000 | $603,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $47,000 | $31,000 | $16,000 | $31,000 | - | - | - | - | - | - | $126,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | $48,000 | - | - | - | - | - | - | $48,000 |
| operating expense | - | - | - | $3,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $8,000 | $46,000 |
| mortgage payment | - | - | - | $13,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $196,000 |
| total expense investment | $47,000 | $31,000 | $16,000 | $95,000 | $37,000 | $37,000 | $38,000 | $38,000 | $38,000 | $38,000 | $416,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$12,633 | $8,000 | $27,000 | -$21,806 | $24,000 | $27,000 | $29,000 | $33,000 | $36,000 | $39,000 | $187,000 |
| cumulative roi | $73 | $94 | $123 | $111 | $122 | $132 | $141 | $149 | $158 | $166 | $1,000 |
Pangea Condos
Address: Markham, Ontario
Price Range: $629,000 - $1,226,000
Avail. suites: 29
1—3 bd
530—1099 SqFt